Latest Articles
The man who sold “Bay Of Bengal” to Indian Oil Corporation – Big time fraud in real estate
By Manoj Govindassamy on 25 August, 2010, 3:25 pm
.He was so clever that he could sell lands on the shores of Chennai which are literally part of “Bay of Bengal”, to one of the hefty oil companies – Indian Oil Corporation (IOC). … In fact, the water surface was sold to the company at least 3 years back and the management didn’t take pains to verify the bought lands nor they tried to care about it…
Read More >>Retail invetors can apply for more IPO shares now – Retail Cap to be raised to 2 lakh
By Manoj Govindassamy on 23 August, 2010, 10:52 am
Retail investors who have the capacity and appetite to apply for securities worth above 1 lakh were constrained from doing so because of the Rs 1 lakh-limit nor do they make an application under the HNI category because the allocation there is limited to 15% of the total offer as against 35% for the retail category. … Since 35% of any public issue is to be allocated to retail investors, in a large-sized public issue,for example, an issue size of … I am glad SEBI researching on IPO and other market data and proposing new definition for we retail investors. If there are to become rule, I am sure, our stock market would see more participation from “Aam Admi” …
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Buying desktop in India: Dell and not HP is the leader!
By Natraj Muthukrishnan on 21 August, 2010, 9:46 am
Surprise is the order these days! After IBM became the second largest IT company in India , it is time for a change in the hardware business in India. Dell toppled HP as the No.1 in the PC market in the country which was undisputed No.1 for the past five years.Dell’s momentum picked upever since [...]
Read More >>Jobs for Engineering graduates in IT sector: Are we ready?
By Natraj Muthukrishnan on 19 August, 2010, 9:13 am
In a country where becoming an engineer is a household dream in all the houses and where engineering college open up daily, it has become a case of quantity doing the talking over quality. Yes, we produce engineers from every corner of the country but are they employable? A recent survey suggests that only one [...]
Read More >>IBM is the second largest IT company in INDIA!!
By Natraj Muthukrishnan on 18 August, 2010, 7:57 pm
It is known to all that TCS is the largest IT employer and also largest private sector employer with more than 1.6 lakh employees on board and still counting as is the season now. But whats surprising is the second slot in this list. While all were expecting Infosys, the second largest company to be [...]
Read More >>Mercedes Benz Cabriolet on Indian roads now – just Rs. 65 lakh – would you buy ?
By Manoj Govindassamy on 18 August, 2010, 1:40 pm
And, the latest one added to the list is Cabriolet… the latest four seater and soft topped car model has just arrived and priced at Rs. 65 lakh. … The above Mercedes Benz sports model SLS AMG, was launched last month in India with a price tag of Rs 2 crore. …BMW 650i Convertible which are priced at Rs.80 lakh to Rs. 90 lakh and launched couples of months ago, has already sold descent numbers on the indian roads…
Read More >>Should our MPs be given pay hike ? Aren’t they already giving themselves ?
By Manoj Govindassamy on 16 August, 2010, 1:21 pm
When the whole world was just stepping into a long recession around May 2008, India was brimming with joy with then proposed 6th pay commission recommendations for salary hikes for the central government employees (and the state government following up duly). With the salaries raised as much as Rs. 90,000 to cabinet secretaries and Rs. 6,660 to entry levels, the ~ 40% salary hike promised to take the country to the next level of growth, increased spending power and money circulation in the country…
Read More >>MakeMyTrip.com’s stellar IPO opening in US – shares rise 89% in NASDAQ debut
By Manoj Govindassamy on 15 August, 2010, 2:08 pm
At times when US Senators are tormenting and defaming our country’s major IT companies like Infosys and TCS, one Indian company is enjoying the proud moment in the very same US land. … When the whole US markets were showing down run, odd ones like MakeMyTrip.com continued climbing and ended at $26.45 price on the opening day, a 89% rise and thus showing an eye popping performance…we do have other quality travel portals in India. Lets wait and watch for more fireworks by Indian companies in NASDAQ…
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